Property profile

34 Orchard St Asheville, NC 28801

OFF-MARKET
Retail properties & Spaces
Property ID
US53-0816944
1,400 SF 0.13 ac lot Built 1922
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 700-square-foot office suite, located at 34 Orchard St in downtown Asheville, NC, is part of a completely renovated building (2024). Situated in a vibrant area, it's within easy walking distance of Charlotte St, Starbucks, and other amenities. The Class A building boasts a desirable location surrounded by professional services firms, offering convenient street parking and a private rear parking lot. The suite itself features a private bathroom and kitchen, dual entry points (front and rear), and prominent lighted signage visible from I-240. Modern upgrades include new paint (interior and exterior), windows, roof, entryways, signage, doors, and flooring. High-quality finishes and smart locks enhance security and convenience. The all-inclusive rent of $1800 covers utilities (electric, water, sewer), property taxes, and more. A security deposit of $1800 is required. Lease terms are a minimum of one year, with negotiable rates for longer (3+ year) leases. The building, constructed in 1922, is zoned OF2 and has a total of 1,400 square feet across two suites. Suite 1 is currently leased. This property offers a unique blend of historic charm and modern amenities in a highly sought-after downtown Asheville location. The property is situated on 0.13 acres and is served by Duke Energy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1922
Total area 1,400 SF
Lot 0.13 ac (5,663 SF)
UPID US53-0816944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service
  • Mobile Phone Store Electronics & Wireless Store

Location

34 Orchard St Asheville, NC 28801
Asheville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 34 Orchard St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message